Trh práce v nových spolkových zemích Německa

Labour market in new federal states of Germany

Václav Lerch

Politická ekonomie, 2005, vol. 2005, issue 2

Abstract: The situation on the labour market in East Germany is difficult since the beginning of economic transition in the early 90's. The reasons for such a situation are complex. The implementation of single currency, the collapse of East Germany's foreign trade, the privatization method and high wages should be mentioned above all. The macroeconomic reasons for the persistently high unemployment rate are supported by microeconomic reasons, too. The unification of Germany was not perceived as a unique chance to reform the outdated German labour market. Active labour market policy measures known from the old Federal Republic of Germany were not as effective as expected.

Keywords: labour market; transition; East Germany; unemployment rate; labour participation (search for similar items in EconPapers)
JEL-codes: J00 J21 J31 J60 J61 (search for similar items in EconPapers)
Date: 2005
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DOI: 10.18267/j.polek.504

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